ExxonMobil continues to expect that…
Four projects were planned offshore…
Heat pumps are gaining popularity…
After three years, Uber has finally given up on expanding into China. Native Cab Company Didi Chuxing invested $1 billion in Uber along with 20 percent of their shares…
A presidential commission tracks the crude oil positions that are reported each week: this week producers and processors are short, while managed money is long oil In its Weekly Commitment…
A long summer On September 17th, Iran’s parliament endorsed a new Petroleum Contract put forward by the energy ministry and the cabinet. The coming weeks will reveal which oil majors…
Oil companies and their beneficiaries that suffer from low oil prices are being rescued by the current ECB monetary policies. Negative interest rates and the ECB corporate bond purchase…
Back in the "good old days" when Tony Blair was leading the UK’s “New” Labor Party, he had to keep coal miners — the backbone of the old Labor Party--happy…
There might have been a lot of skepticism in the preliminary OPEC production ‘deal’ that was announced a few weeks ago in Algiers, but much of that is now fading…
Looking back at the last couple of weeks’ price action in WTI one thing stands out. OPEC or no OPEC, the benchmark U.S. oil futures contract attracts plenty of sellers…
Friday, October 14 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Politics, Geopolitics & Conflict • Russia and Turkey this week signed the contract for the Turkish Stream gas pipeline that will carry Russian gas under the Black Sea to Turkey.…
Crude oil and natural gas futures posted volatile moves this week that may be setting up another sharp rise to the upside, or a corrective move to the downside. Both…
In sticking with our recent $42-$50 forecast for WTI we underestimated the ability of OPEC + Russia to talk the market up while behaving bearishly. Although recent production data for…
As China wants to reduce the number of its state-held firms, the government plans to merge chemical groups Sinochem and ChemChina to create a global oil and chemicals giant worth…
Oil prices fell back to $50 on Friday afternoon, after the U.S. rig count hit eight year highs.
Houston oilfield services company Baker Hughes, Inc. showed a four-rig increase in the United States oil count, marking 16 straight weeks of no-decline in the active oil rig figure…
Oil is trudging tiredly lower into the weekend, exhausted after an onslaught of oil-specific releases and (another) week of ongoing OPEC rhetoric. Hark, here are five things to consider in…
Information about Saudi Aramco IPO advisors to be released soon Saudi Aramco plans to sell shares in its entire business, the company’s CEO Amin Nasser said. When the IPO was…
As I’ve been discussing recently, there have been signs of life for the coal market the last few weeks. And this week, the world’s most hated commodity got another…
As Saudi Arabia leads the Organization of Petroleum Exporting Countries in developing a six-month freeze deal, investors and industry officials should consider one key factor before rocking the markets: can…
The EIA published its latest Short-Term Energy Outlook and it is not exactly the most bullish report the agency has ever put out. The EIA believes that the losses…
Russia’s biggest industry has been oil production historically, but the country appears to be trying to diversify that by putting more emphasis on agriculture. The former soviet state has…